Cal-Maine Foods (CALM) Misses Q1 EPS by 17c, Revenues Miss

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Go back to Cal-Maine Foods (CALM) Misses Q1 EPS by 17c, Revenues Miss

Cal-Maine Foods Reports First Quarter Fiscal 2019 Results

October 1, 2018 6:30 AM EDT

JACKSON, Miss.--(BUSINESS WIRE)-- Cal-Maine Foods, Inc. (NASDAQ: CALM) today reported results for the first quarter (thirteen weeks) ended September1, 2018.

Net sales for the first quarter of fiscal 2019 were $340.6 million, a 29.6 percent increase, compared to $262.8 million for the first quarter of fiscal 2018. The Company reported net income of $12.4 million, or $0.26 per basic and diluted share, for the first quarter of fiscal 2019, compared to a loss of $16.0 million, or $0.33 per basic and diluted share, for the first quarter of fiscal 2018.

Dolph Baker, chairman and chief executive officer of Cal-Maine Foods,... More